Egypt: German Gov’t Ready to Fund Solar Power and Wind Energy With 112 Million

Minister of Planning and International Cooperation Fayza Abul-Naga said on 11/3/2012 that the German government will support Kom Ombo project with a 50-million-Euro loan and another 62 million Euros for the wind farm project.

She added the German side is ready to fund the Kom Ombo solar power project and the wind farm project in the Gulf of Suez.

The governments of Egypt and Germany will sign related agreements during the coming period, added Abul-Naga.